USANA Health Sciences, Inc. (NYSE:USNA) Director Myron W. Wentz sold 21,209 shares of the business’s stock in a transaction dated Monday, October 30th. The stock was sold at an average price of $66.11, for a total transaction of $1,402,126.99. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of USANA Health Sciences, Inc. (NYSE USNA) traded down 1.64% during midday trading on Monday, reaching $65.90. 144,013 shares of the company’s stock traded hands. The stock’s 50 day moving average price is $59.46 and its 200 day moving average price is $60.63. The firm has a market capitalization of $1.61 billion, a P/E ratio of 17.12 and a beta of 1.09. USANA Health Sciences, Inc. has a 52-week low of $52.55 and a 52-week high of $71.00.

USANA Health Sciences (NYSE:USNA) last released its quarterly earnings results on Tuesday, October 24th. The company reported $1.02 EPS for the quarter, beating the consensus estimate of $0.91 by $0.11. USANA Health Sciences had a net margin of 8.79% and a return on equity of 26.54%. The firm had revenue of $261.77 million during the quarter, compared to the consensus estimate of $259.52 million. During the same quarter in the prior year, the firm earned $2.40 EPS. USANA Health Sciences’s revenue for the quarter was up 3.0% on a year-over-year basis. On average, equities research analysts anticipate that USANA Health Sciences, Inc. will post $3.87 EPS for the current fiscal year.

USANA Health Sciences announced that its board has approved a stock repurchase plan on Tuesday, July 25th that allows the company to repurchase $64.60 million in shares. This repurchase authorization allows the company to reacquire up to 46% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its shares are undervalued.

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Hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Arbitrage SA raised its position in USANA Health Sciences by 13.1% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 2,111 shares of the company’s stock valued at $135,000 after purchasing an additional 245 shares during the last quarter. Victory Capital Management Inc. raised its position in USANA Health Sciences by 124.7% in the 1st quarter. Victory Capital Management Inc. now owns 2,117 shares of the company’s stock valued at $122,000 after purchasing an additional 1,175 shares during the last quarter. Creative Planning raised its position in USANA Health Sciences by 528.0% in the 2nd quarter. Creative Planning now owns 2,512 shares of the company’s stock valued at $161,000 after purchasing an additional 2,112 shares during the last quarter. SG Americas Securities LLC purchased a new stake in USANA Health Sciences in the 2nd quarter valued at $162,000. Finally, Eqis Capital Management Inc. purchased a new stake in USANA Health Sciences in the 2nd quarter valued at $210,000. Hedge funds and other institutional investors own 44.62% of the company’s stock.

USNA has been the topic of several research reports. Pivotal Research dropped their price target on shares of USANA Health Sciences from $75.00 to $70.00 and set a “buy” rating on the stock in a research report on Wednesday, July 26th. BidaskClub upgraded shares of USANA Health Sciences from a “sell” rating to a “hold” rating in a research report on Thursday.

USANA Health Sciences Company Profile

USANA Health Sciences, Inc develops and manufactures science-based nutritional and personal care products. The Company operates as a direct selling company in two geographic regions: Americas and Europe, and Asia Pacific, which includes three sub-regions: Southeast Asia Pacific, Greater China and North Asia.

Insider Buying and Selling by Quarter for USANA Health Sciences (NYSE:USNA)

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